SOLUTION: The maximum error of estimate is a function of three factors: the level of confidence, sample size, and standard deviation. Is it true or false, and why or why not?
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Question 620910: The maximum error of estimate is a function of three factors: the level of confidence, sample size, and standard deviation. Is it true or false, and why or why not?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
True.
If population 
is known, then 
If population is not known, then 
Either way, the three elements of the formula are level of confidence, standard deviation (population or sample), and sample size.
John
My calculator said it, I believe it, that settles it
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